Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$386,790$385,650
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.580%7.400%
Blended rate7.130%7.640%
1st payment$2,490.22$2,670.16
2nd payment$0.00$0.00
Taxes / mo$39.33$39.33
Insurance / mo$150.00$150.00
MI / mo$179.08$77.13
HOA / mo$0.00$0.00
Total monthly$2,858.64$2,936.63
Cash to close$41,710$42,850